Brookfield Renewable Corp reports results for the quarter ended in March - Earnings Summary

Brookfield Renewable

04/05/2024 24:45

* Brookfield Renewable Corp  BEPC.N  reported a quarterly
adjusted
loss of 23 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of -9 cents.  The lone analyst forecast for the quarter was
for a loss of 18 cents per share. 
    * Revenue rose 12.1% to $1.49 billion from a year ago;
analysts
expected $1.46 billion. 
    * Brookfield Renewable Corp's reported EPS for the quarter
was a
loss of 23 cents​.
    * The company reported a quarterly loss of $120 million.
    * Brookfield Renewable Corp shares had risen by 10.0% this
quarter and lost 6.1% so far this year.

FORECAST CHANGES
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electric
utilities
peer group is also "buy"

Wall Street's median 12-month price target for Brookfield
Renewable Corp is $34.00 
This summary was machine generated from LSEG data May 3 at 11:44
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.18          -0.23          Missed
 Dec. 31 2023      -0.14          0.01           Beat
 Sep. 30 2023      -0.10          -0.14          Missed
 Jun. 30 2023      -0.07          -0.10          Missed